1026 has already been analyzed. The broader market won’t bottom until next year. U.S. stocks and the broader market still react with a lag, and they’re strongly correlated; that lag is a typical feature of their relationship. Treating this time lag as independence led me to go long on #Spcx the day before yesterday without taking profits, and it plunged in the early hours of the 30th. Tech stocks and consumer stocks also act as a hedge against each other. This became even clearer after I sold consumer stocks at a loss near the lows and cashed out of tech stocks at their highs. The timing of entry and exit determines how much you make, while the market relationships between different types of stocks determine when to enter. There’s no point playing Monday-morning quarterback. There’s just one thing I still don’t understand: if you can’t read a market trend spanning more than three years, don’t go all in at once. When you’re confident about a trend, act decisively. As the Art of War says: “Swift as the wind, silent as the forest, fierce as fire, immovable as a mountain”—it’s all about the importance of timing. Let’s encourage each other. I predicted the bear market was coming, but I was three days late. Luring the enemy in deep is a tactic experts often use. Before the outcome is clear, every short-term signal is a false signal; only the outcome is real. Respect history, be in awe of it, stay optimistic, and be patient. I should trade fewer contracts from now on. Contracts end in zero. I tried it in September, and in October I still couldn’t resist. I need to quit.